Showing 1 - 10 of 1,110
In this paper, we examine the determinants of control rights in technology strategic alliances between biotechnology firms and pharmaceutical corporations, as well as with other biotechnology firms. We undertake three clinical studies and an empirical analysis of 200 contracts. Consistent with...
Persistent link: https://www.econbiz.de/10012472804
Using data on over 900 firms for the period 1988-2000, we estimate the effect on phase-specific biotech and pharmaceutical R&D success rates of a firm's overall experience, its experience in the relevant therapeutic category; the diversification of its experience, and alliances with large and...
Persistent link: https://www.econbiz.de/10012469083
Commercializing knowledge involves transfer from discovering scientists to those who will develop it commercially. New codes and formulae describing discoveries develop slowly - with little incentive if value is low and many competing opportunities if high. Hence new knowledge remains naturally...
Persistent link: https://www.econbiz.de/10012470219
We examine how two highly successful new biotechnology firms (NBFs) source their most critical input -- scientific knowledge. We find that scientists at the two NBFs enter into large numbers of collaborative research efforts with scientists at other organizations, especially universities. Formal...
Persistent link: https://www.econbiz.de/10012473550
While the variability of public equity financing has been long recognized, its impact on firms has attracted little empirical scrutiny. This paper examines one setting where theory suggests that variations in financing conditions should matter, alliances between small R&D firms and major...
Persistent link: https://www.econbiz.de/10012471312
), academic commercialization (patenting, licensing, and start-ups) and traditional academic scholarship. It exploits large … faculty) and important than is academic commercialization (at 19% of faculty). Academic engagement generates 15-20 times the … research funds than academic commercialization does, but both continue to be dwarfed by public funding. We find evidence of …
Persistent link: https://www.econbiz.de/10012479212
commercialization; entrepreneurship or licenses to established firms, as well as on probabilities of successful commercialization. We … advantage over faculty startups, and that on average the probability of successful commercialization is somewhat higher in the …
Persistent link: https://www.econbiz.de/10012460679
commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively …) competitive commercialization and the eventual replacement of incumbents, we consider a dynamic strategy involving product market … entry before switching to a cooperative commercialization strategy. Empirical evidence from the automated speech recognition …
Persistent link: https://www.econbiz.de/10012458899
Research on intellectual property has focused on formal legally recorded rights that we call deeded, most often measured by granted patents. Meanwhile, other "defacto" IP (mainly purposive secrecy and natural excludability) has become more important because of the increasing closeness of...
Persistent link: https://www.econbiz.de/10012458417
This paper explores changes in university patenting behavior between 1965 and 1988. We show that university patents have increased 15-fold while real university research spending almost tripled. The causes of this increase are unclear, but may include increased focus on commercially relevant...
Persistent link: https://www.econbiz.de/10012473821